Announced
Completed
Financials
Sources
Tags
Sweden
store solution
Facilities Technology
Acquisition
Cross Border
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
Invafresh, a platform for fresh grocery shopping, completed the acquisition of Whywaste, a provider of a store solution where grocerers can save money, time and reduce food waste. Financial terms were not disclosed. “I’m excited to welcome Whywaste as part of the Invafresh team and look forward to working with them to expand the global footprint of our combined Fresh Retail platform offering. Throughout the due diligence process, I was impressed by both the caliber of talent at Whywaste and the quality of their products. That talent and product quality has allowed Whywaste to establish themselves at the forefront of the rapidly growing sustainability movement by enabling grocery retailers to profitably reduce food waste,” Tim Spencer, Invafresh CEO.
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